Joining Fee
₹0
Annual Fee
₹0
Reward Rate
1% cashback on all eligible spends
Lounge Access
None
Forex Markup
3.5%
Fuel Waiver
1%
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Key Features & Benefits
  • 1% cashback on all eligible spends — simple flat rate
  • Virtual card only — no physical card issued
  • Issued against Fixed Deposit (₹10,000+ FD)
  • Lifetime free — no fees
  • 1% fuel surcharge waiver
  • Cashback credited to account monthly
  • Build credit history online
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Welcome & Joining Benefits
  • Check IDFC FIRST Bank website for current benefits
Milestone Benefits
  • Check IDFC FIRST Bank website for current benefits
Pros & Cons

✓ Advantages

  • Simplest credit card in India — 1% on everything, no complexity
  • Lifetime free at zero cost
  • Virtual-first — instant usage online after FD
  • Builds credit history

✗ Disadvantages

  • Virtual card only — cannot use at physical POS
  • Only 1% cashback — lowest earning rate among IDFC cards
  • 3.5% forex
  • No lounge access
Frequently Asked Questions
Is FIRST EARN better than WOW! for online shopping?
EARN gives 1% cashback (cash, not points). WOW! gives 4X RP (1% value at ₹0.25/pt). Both are FD-backed virtual/physical cards. EARN is simpler; WOW! adds travel insurance and better rewards but requires ₹5,000 FD vs ₹10,000 for EARN.
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